Operations is a dynamic, multi-faceted division that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.
Are you looking to apply your quantitative skills while deepening your understanding of derivative products while working in a fast paced and collaborative atmosphere? Our Portfolio Reconciliation and Valuations team is seeking a professional who is looking to collaborate with traders, Sales, Controllers, Credit and other Operations teams to mitigate risks associated with collateral disputes and reporting of trade differences across OTC derivative transactions.
Portfolio Reconciliation within the broader Margin, Collateral, and Valuations team is a fast-paced and dynamic team which supports all areas of the firm dealing with funding, cash movement, collateral and margin management and pricing. The team also interacts with all areas of Operations giving members a unique perspective into the various business lines of the firm while impacting all business streams.
Job Summary & Responsibilities
The Portfolio Reconciliation & Valuations Team falls under the broader MCVO (Margin, Collateral and Valuations business unit) which is within the greater Securities Division Operations sub-division. This sub-division supports all areas of the firm dealing with
supporting the securities division of Goldman Sachs. Portfolio Reconciliation & Valuations are responsible for ensuring the reconciliation of positions is accurate and any discrepancy resolved in a timely manner. In addition, the team provides critical Valuation reporting to select clients for the positions they hold with Goldman Sachs across multiple products. The team manages a variety of products (OTC derivatives) and is responsible for ensuring clients and 3rd party reconciliation tools receive their reports on a timely fashion according to their requirements. This is a function in line with Dodd-Frank requirements and is heavily related to the margin rules program since Sept. 2016.
HOW YOU WILL FULFILL YOUR POTENTIAL
SKILLS & EXPERIENCE WE’RE LOOKING FOR
ABOUT GOLDMAN SACHS
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